New Agent Contracting: 2011 - Avalon - New Agent Contracting - Corporation | 2011 - Avalon - New Agent Contracting - Indvidual
Customer Service: 1-800-562-7733
Avalon, a for-profit subsidiary of Capital Blue Cross, has released information on its rate adjustment on Pennsylvania Medicare Supplement business effective January 1, 2012. These rates are for their Modernized Medicare Supplement product (business since June 1, 2010). This also applies to new business, as well.
Are you aware that your high income clients could be paying more for their Medicare Part D coverage in 2011? Do you understand what the income guidelines are, and how they can also affect their Medicare Part B premium?
If the answer to either of these questions is “NO”, we’ve got some resources for you. You can find below two documents, one from CMS and another from Social Security, that are excellent tools to help you understand these guidelines. We’ve found the Social Security piece and excellent briefcase item to help your clients explain how it works.
Downloads:
The following article was taken from the Highmark Weekly Capitol Hill Report — Dec. 10, 2010
An agreement was reached this week on legislation that would head off a 25 percent cut in reimbursement to physicians under Medicare, taking the ‘doc fix’ issue off the table in Congress until this time next year. The Medicare and Medicaid Extenders Act of 2010 (H.R. 4994) provides a one-year freeze in physician payments through 2011 at a cost of $14.9 billion. The Senate cleared the measure by unanimous consent Wednesday and the House passed the bill 409-2 on Thursday. President Obama is expected to sign the legislation into law.
The bill is largely paid for by increasing repayment amounts for individuals receiving excess premium tax credit payments from the federal government to purchase health insurance on newly created exchanges, slated to open in 2014. The bill increases the repayment limit from a previous cap of $400/families ($250/individuals) for those below 400% of the Federal Poverty Level (FPL) to a sliding scale from $600 for households below 200 percent FPL up to $3,500 for households between 450 percent and 500 percent FPL.
The bill also includes several one-year extensions of expiring Medicare provisions such as the therapy cap exception and ambulance add-on payments and extends a number of programs targeted at low-income beneficiaries.
Ask yourself this — Are any of your Medicare Supplement carriers offering to advertise you in your local newspaper to help generate sales?
Check out the following newspapers to see what Avalon is doing to help agents get in front of consumers. If you’re not yet contracted with Avalon, don’t delay, the next ad could be yours!
Here’s the Advertisement that will be running, & Here’s the Newspaper Schedule of when this will be running in the Philadelphia Inquirer, Bucks County Courier, Doylestown Intelligencer, and others!
Avalon Insurance Company has received approval from the Pennsylvania State Department of Insurance on their Guaranteed Issue Medicare Supplement. This product is now available for all brokers in Pennsylvania for consumer sales.
For rates and contracting information, visit the Avalon page on our website.
If your state is not blue on the map, Avalon does not have currently have plans available in your state.
You can also view non-state specific documents
Contact the Marketing Team for Details Today - 800-562-7733
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